South African independent renewable energy company, Earth & Wire has placed an order with U.S.-based energy storage provider, Ambri, for a 300MW, 1,200MW battery system for the company’s combined wind and solar facility in the Eastern Cape. The long-duration energy storage system represents the largest ever deployed in South Africa, with first delivery of the batteries expected in Q2, 2024, and installation completion expected in 2026.
With India’s transition to higher levels of renewable generation, a broader range of technologies will play a crucial role in ensuring energy security and reliability. Between 2010 and 2019, India’s electricity demand increased by 220%, and by 2030, it will increase by 62%. In the next decade, smart meters and smart devices will be used in residential buildings, industrial and commercial services.
Casino, which last month reported that group sales had returned to growth in the first quarter, has also embarked on selling off non-core assets to cut its debt in recent years.
Zimbabwean Minister of Energy and Power Development, H.E. Soda Zhemu, has highlighted the country’s ambitions to generate 2,000 MW of electricity from renewable energy sources by 2030. With significant potential across the green energy space, the country is targeting the deployment of solar and wind technologies to meet rising demand and reduce the reliance on electricity imports.
The Neenah school district will install a $5 million geothermal system beneath the new Neenah High School under construction in Fox Crossing. The city of Neenah has been generating solar power for a decade and recently added a second solar array.
In the long run, the BSS Project is projected to provide enough power for 45,000 homes and abate 180,000 tonnes of carbon emissions every year.
Funds managed by the Infrastructure and Power strategy of Ares Management Corp. are leading a strategic equity investment of up to $600 million, including capital from potential co-investors, in SB Energy Global LLC.
Economic and population growth will outpace gains in energy efficiency over the next 30 years as energy consumption continues to increase, according to the Energy Information Administration.